A report of accounts that are past due has many information attributes. The most important attribute is
a. summarization
b. timeliness
c. conciseness
d. exception orientation
D
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Frocks and Gowns, Incorporated, has two divisions, Day Wear and Night Wear. The Day Wear Division has an investment base of $750,000 and produces and sells 100,000 units of Collars at a market price of $10.00 per unit. Variable costs for the Collars total $3.50 per unit and fixed charges are $4.00 per unit (based on a capacity of 120,000 units). The Night Wear Division wants to purchase 25,000 units of Collars from the Day Wear Division. However, the Night Wear Division is only willing to pay $6.75 per unit.What is the contribution margin for the Day Wear Division if it transfers 25,000 units to the Night Wear Division at $6.75 per unit?
A. $650,000. B. $698,750. C. $675,000. D. $250,000.
What type of warehouse is owned by a single retailer that deals in mass quantities?
A) Public warehouse B) Relay warehouse C) Retail stockroom D) Private warehouse E) Storage warehouse
The institution that actually provides the money for an SBA-backed loan is the ________
A) venture capitalist B) bank C) SBIC D) business incubator E) IPO
Moistner, Inc., manufactures and sells two products: Product E6 and Product W9. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct E67007.04,900Product W91005.0500Total direct labor-hours 5,400The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct E6Product W9TotalLabor-relatedDLHs$233,6044,9005005,400Machine setupssetups 30,942500400900Order sizeMHs 712,0454,2004,3008,500 $976,591 If the company allocates all of its
overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product E6 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $1,265.95 per unit B. $240.66 per unit C. $302.82 per unit D. $586.39 per unit